1515 E La Rua St Pensacola, FL 32501

Cute 1917 cottage in a desirable East Hill, priced at an affordable at $109,900. This two bedroom one bath cottage had numerous upgrades such as the plumbing and electrical in the early eighties and the city inspectors gave it an effective year of 1960 instead of 1917. Appraised 12/2011 $105000 as is /$130,000 with $12500 repairs,back on the market after buyers financing fell through. The owner even had insulation put underneath the subfloor when he insulated the home. The roof was replaced in June of 2005 with a heavy gauge metal which gives it great curb appeal. The front porch invites you to sit, relax, and enjoy. Ten foot ceilings also add to the charm. The lot is not only in a great location but 65ft by a very deep 137.5ft. This is one of three homes built side by side with the same floor plan in 1917. The home immediately to the west was almost doubled in size showing what can be done on the same size lot. The previous owner was elderly and not concerned with aesthetics so this home will need attention to bringing the charm back. The bones are excellentsa a four point inspection should be no problem; the pricing reflects the sellers understanding that the people that will want this home will want to restore the quality that has been done to all the neighboring homes. The rooms are well sized and there is a screened in porch that appears to be vented and a storage, laundry room that is also heated and cooled living space. Bring your imagination and turn this bargain into the gem it can be.